Sprott-backed Kairos (ASX:KAI) told investors last week that it had found 256 gold nuggets during metal detecting of a small area of 150m by 50m at its Croydon project.

“I’m sort of hoping it helps reignite a bit of interest in it because there was a lot this time last year and I think for various reasons it has sort of gone off the boil,” chairman Terry Topping told Stockhead following the news.

“But not from our point of view. We’ve always had a belief in it and I think when you can find new areas and nugget patches where we have I think that’s a great start.”

The news spurred Kairos shares for a brief time to 3.8c last Thursday, but they have since cooled to 3.3c – still a bit of a ways off the 13.5c peak the company reached in early November last year.

Artemis shares, meanwhile, advanced 2.7 per cent this morning to 19c.

Artemis Resources (ASX:ARV) shares over the past year.

“The interest from North American investors in conglomerate gold opportunities remains high and as such the company will be marketing in the US during September and evaluating options to enhance its OTC listing there,” chief Wayne Bramwell told investors.

Artemis will be the first Pilbara explorer to process the nuggetty gold after recently receiving the remaining approvals necessary to start processing gold at its Radio Hill plant.

The company and its Canadian joint venture partner, Novo Resources, are assessing three or four different targets to determine which will be the first to be bulk sampled.